NOT LISTED FOR SALE

790 McSwain Branch Rd Irvine, KY 40336

Estimated Value: $318,000 - $2,378,000

9 Beds
8.5 Baths
7,163 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $2,250,000 $314 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $6,288/month

400 Days on Market

Highlights

  • Guest House
  • 290 Acre Lot
  • Hilly Lot
  • View of Trees or Woods
  • Wood Burning Stove
  • Farm

About This Home

As of June 2024

Contract w/immediate kickout. Snug Hollow Farm, currently a nationally renowned, Southern Living endorsed Bed & Breakfast. Perfect for a single family residence with multi-generational family accommodations, income producing opportunities, corporate retreat setting or non-profit ventures. There is truly a plethora of potential uses with this incredible land for all seasons with endless possibilities! An appealing location with both unparalleled privacy and convenience, the farm is nestled in the beautiful Red Lick Valley in Central Kentucky. It boasts 290 acres of premium land, wooded mountainsides, babbling creeks, walking trails, glorious wildflowers, abundant wildlife, and the simplicity of country life. Well maintained, uniquely hand crafted dwellings include a two-story farmhouse which serves as a lodge & primary residence, a restored 180 yr old chestnut log cabin, two pine/cedar cabins and a recently built writers cabin all surrounded by gorgeous scenery and creation. Enjoy our video for more of Snug Hollow! LA related to seller.
Outline referenced of land in video is an approximation.

Last Agent to Sell the Property

Susan Napier

Rector Hayden Realtors License #207555 Listed on: 03/21/2024

Rector Hayden Realtors

Last Buyer's Agent

Susan Napier

Rector Hayden Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1980

Lot Details

  • 290 Acre Lot
  • Level Lot
  • Hilly Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned AR

Property Views

  • Woods
  • Mountain
  • Rural

Interior Spaces

  • 7,163 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Wood Burning Stove
  • Family Room
  • Dining Room
  • Home Office
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 9 Bedrooms

Eco-Friendly Details

  • Solar Heating System
  • Heating system powered by active solar

Schools

  • Estill Springs Elementary School
  • Estill Co Middle School
  • Estill Co High School

Utilities

  • Space Heater
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Heating System Powered By Owned Propane
  • Baseboard Heating
  • Propane
  • Spring water is a source of water for the property
  • Cistern
  • Septic Tank
  • Phone Available

Additional Features

  • Guest House
  • In Flood Plain
  • Farm

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 032-00-00-022.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,412

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Structure Type: House
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 7163.0
  • Levels: One, Two
  • New Construction: No
  • Structure Type:House: Yes
  • Flooring:Hardwood: Yes
  • View:Rural: Yes
  • View:Mountains: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 9
  • Basement: Yes
  • Total Bedrooms: 9
  • Fireplace: Yes
  • LivingArea: 7163.0
  • Lot Size Area: 290.0
  • Possible Use: Other, Residential, Recreational, Horses

Exterior Features

  • List Price: 2850000.0
  • Lot Features: Wooded, Bottomland, Cleared, Gentle Sloping, Hilly, Level
  • View: Mountain(s), Rural, Trees/Woods
  • View YN: Yes
  • Lot Features:Wooded: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Propane Tank Leased, Propane Tank Owned, Solar, Space Heater, Wood, Wood Stove
  • Heating: Yes
  • Utilities: Electricity Connected, Phone Available, Propane Connected, Water Connected
  • Water Source: Cistern, Spring
  • Heating:Baseboard: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Leased: Yes
  • Heating:Wood Stove: Yes
  • Heating:Propane Tank Owned: Yes
  • Heating:Space Heater: Yes

Schools

  • Elementary School: Estill Springs
  • High School: Estill Co
  • Middle or Junior School: Estill Co

Lot Info

  • Topography: Hilly, Gentle Sloping, Wooded, Level, Cleared
  • Lot Dimensions: 290 Acres
  • Current Use: Other, Recreational, Pasture, Agricultural
  • Lot Size Acres: 290.0
  • Lot Size Sq Ft: 12632400.0
  • Parcel Number: 032-00-00-022.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Jun 26, 2024
Sold by
Napier Barbara Sue
Bought by
Snug Hollow Llc
Seller's Agent
Susan Napier
Rector Hayden Realtors
Buyer's Agent
Susan Napier
Rector Hayden Realtors
List Price
$2,850,000
Sold Price
$2,250,000
Premium/Discount to List
-$600,000
-21.05%
Views
227
Current Estimated Value
$1,176,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,073,649
Avg. Annual Appreciation
-38.59%
Original Mortgage
$2,400,000
Outstanding Balance
$2,371,499
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
-$1,195,148
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Snug Hollow Llc $2,250,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snug Hollow Llc $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2024 11/10/24 Off Market $2,250,000 -- --
06/28/2024 06/28/24 Sold $2,250,000 -21.1% $314 / Sq Ft
03/21/2024 03/21/24 For Sale $2,850,000 +26.7% $398 / Sq Ft
11/29/2023 11/29/23 Off Market $2,250,000 -- --
11/14/2023 11/14/23 Price Changed $2,850,000 -5.0% $398 / Sq Ft
11/02/2023 11/02/23 For Sale $2,999,000 0.0% $419 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
01/30/2023 01/30/23 Price Changed $2,999,000 -6.3% $419 / Sq Ft
07/20/2022 07/20/22 For Sale $3,200,000 -- $447 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,412 $155,000 $155,000 $0
2023 $1,433 $155,000 $155,000 $0
2022 $1,503 $155,000 $155,000 $0
2021 $1,542 $155,000 $155,000 $0
2020 $1,563 $155,000 $155,000 $0
2019 $1,569 $155,000 $155,000 $0
2018 $1,589 $155,000 $155,000 $0
2017 $882 $360,000 $360,000 $0
2016 $882 $248,800 $248,800 $0
2015 -- $248,800 $248,800 $0
2014 -- $248,800 $248,800 $0
2013 -- $248,800 $248,800 $0
2010 -- $92,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22016067

ImagineMLS (Bluegrass REALTORS®)

APN: 032-00-00-022.00